Be sure you're aware of things like rent control, no-fault eviction rules, etc that could massively impact your investing venture.

I found a property that is in need of a massive rehab (hoarder home).

I've been able to move out of my families place to owning multiple properties after only a few years of massive action.

We’re both veterans and we’re trying to start out by using VA loans and FHA loans to avoid the massive down payments, but there are restrictions with those loans.

You aren't likely to see massive amounts of appreciation, but you are also less likely to see spectacular bust cycles like in other markets, as those three tenant sources aren't going anywhere anytime soon.

If you can cut your costs and do renovations yourself, you have a massive advantage of getting the snowball rolling. 

For massive junk removal, hire a professional and pay from deposit.

Most people are not qualified or don’t have the time to take on a full blown BRRRR though.Then there are the things where a small error can cause a massive problem in the future.

Just leave it as a massive backyard for the 1/1?

Everyone is worried about inflation, but if you have massive debt, it is actually a good thing during inflationary periods (assuming low interest rate).